January 2, 2022
Brac Bank on a roll
Brac Bank is a private commercial lender, but it put the unbanked population and sustainable banking at the heart of its activities from the word go instead of making hefty profits because of its...
December 29, 2021
Banks’ call centres failing to live up to expectations
Al Hossain Chisty, a client of a private commercial bank, tried to talk to the bank’s call centre executives to get some explanation about statement related to his credit card.
December 26, 2021
Govt’s bank borrowing surges for lower sales of savings tools
Government borrowing from the banking sector has seen a rapid surge this fiscal year mainly due to the lower investment of general people and firms in national savings tools, a development that may...
December 23, 2021
Union Capital MD barred from joining Islamic Finance
The central bank has asked Islamic Finance and Investment Ltd (IFIL) not to recruit Chowdhury Manzoor Liaquat as its managing director.
December 23, 2021
Tk 500cr stimulus for pandemic-hit people who returned to villages
Bangladesh Bank has decided to roll out a stimulus package of Tk 500 crore to support people who migrated back to their villages due to the ongoing economic hardship.
December 19, 2021
Attempt for Tk 15Cr Loan: MP’s sign ‘forged’
Bangladesh Bank has contacted the Criminal Investigation Department (CID) requesting it to take action against a businessman who allegedly forged the signature of a lawmaker while attempting to...
December 19, 2021
Govt agencies yet to initiate study though deadline ends
Three government entities have failed to carry out a study to find out the amount of illicit financial flow from Bangladesh, where they were siphoned and how as part of the country’s efforts to...
December 14, 2021
Economy’s three looming challenges
A persistent higher rate of inflation, the upward trend of the foreign exchange rate and deepening liquidity crunch could pose major challenges to the economy as the government looks to keep up the...
December 10, 2021
SMEs still cry for a lifeline
The world of Jannat Sultana Reeta, a fashion boutique entrepreneur in Narayanganj, turned upside down in 2013 when her husband was diagnosed with liver cirrhosis. She had to step up to take the...
December 9, 2021
Trade deficit swells
Bangladesh’s trade deficit escalated 160 per cent in the first four months of the ongoing fiscal year in the wake of a surge in import payments against lower exports earnings.